AIK Banka takeover bid open until March 9 - RSD 1,800 for common shares

Source: Wise broker Monday, 22.02.2016. 13:51
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After submitting a letter of intent three weeks ago to acquire the remaining 10.31% of AIK Banka shares that are not in its possession, the majority owner of this company, MK Group, made an official takeover bid last week, which will be open until March 9th.

As it was expected, the holders of common shares are offered a price of RSD 1,800 per share, while the share price offered to the owners of cumulative preference shares (AIKBPB) and convertible preference shares (AIKBPC) is at 954.53 and 965.23 dinars, respectively.

MK Group seeks to acquire remaining 13.14% of preferred shares and 56.91% of convertible preference shares in AIK Banka.

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